Microsoft Revealed $44.28 Billion in Revenue

The Redmond Company has bested even the most optimistic analyst incomes estimates for the fourth quarter of the fiscal year 2006, while in the background, its profits were actually dragged down 24 percent by the EU antitrust fine. Yesterday Microsoft reported $11.80 million revenues for the final quarter of FY06 which translates to a 16 percent increase compared to the same period of 2005.

"Operating income for the quarter was $3.88 billion, a 30% increase compared with $2.99 billion in the prior year period. Operating income for the fourth quarter included certain legal charges of $351 million, compared with $756 million in the prior year period. Net income for the fourth quarter was $2.83 billion and diluted earnings per share were $0.28, which included $0.03 of certain legal charges. For the same quarter of the previous year, net income was $3.70 billion and diluted earnings per share were $0.34, which included $0.05 of certain legal charges and $0.09 of tax benefits," stated Microsoft in a press release.

The Redmond Company has announced an 11 percent growth of its total revenue for 2006 compared to the past year, totaling income of $44.28 billion. Out of this, a staggering $12.60 billion was represented only by the net income, amounting to diluted earnings per share of $1.20.

"We delivered a very strong finish to the fiscal year highlighted by customer demand for our recently launched products of Xbox 360, SQL Server 2005, Visual Studio 2005 and Microsoft Dynamics CRM 3.0, which fueled a combined 31% revenue growth of their business groups for the quarter," said Chris Liddell, chief financial officer of Microsoft. "Our upcoming launches of Windows Vista, Microsoft Office 2007, Exchange Server 2007, and other key products position us to continue to deliver strong revenue growth in fiscal year 2007. We are also very pleased that both the Microsoft Business Solutions and the Mobile and Embedded Devices businesses achieved profitability for the full fiscal year."